THOMASVILLE, N.C., June 3 /PRNewswire-FirstCall/ -- CIO magazine honored Old Dominion Freight Line Inc. as a recipient of the 2010 CIO 100. The 23rd annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).
"At Old Dominion, our company's position is 'Helping the World Keep Promises,' and we could not deliver on our pledge if we did not have the right technology in place," said David Congdon, president and CEO of Old Dominion Freight Line. "We are always striving to make the best use of technology to benefit our customers, and it is always appreciated to be recognized with an honor such as this."
OD is an industry leader as measured by a number of key industry metrics, including a 98.9 percent on time delivery record, one of the lowest claims ratios in the business and high billing accuracy.
"Our technology, coupled with the very best people, allows us to keep our promises to our customers and makes us one of the most financially stable companies in the industry," Congdon added. "I would also like to recognize Ken Erdner (Old Dominion's vice president, director of information systems and technology) for his role in leading our IT team with their development efforts over the last 14 years."
The recipients of this year's CIO 100 award were selected through a three-step process. Companies filled out an online application form detailing their innovative IT and business initiatives, and a team of judges reviewed the applications in depth, looking for unique practices and substantial results. Finally, CIO editors reviewed the judges' recommendations and voted on the final 100.
"This year's CIO 100 awards draw well-deserved attention to companies that are not only innovating with IT but creating genuine business value as well," said Maryfran Johnson, editor in chief of CIO magazine and events. "These winning companies and their IT organizations are an inspiration to businesses everywhere."
The 2010 CIO 100 awards will be presented at the Terranea Resort in Rancho Palos Verdes, Calif., on Aug. 24 at the conclusion of the 12th annual CIO 100 Symposium® and Awards Ceremony. Complete coverage of the 2010 CIO 100 awards will be online at www.cio.com on June 1 and in the Aug. 1 issue of CIO magazine.
Old Dominion was honored with the 2009 CIO 100 last year. For more information about Old Dominion, visit www.odfl.com or call (800) 432-6335.
About CIO Magazine
CIO produces award-winning content and community resources for information technology executives thriving and prospering in this fast-paced era of business, as well as create opportunities for information technology and consumer marketers to reach them. The CIO portfolio includes CIO.com, CIO magazine (launched in 1987), CIO Executive Programs and the CIO Executive Council. CIO properties provide business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. The U.S. edition of the magazine and website are recipients of more than 200 awards to date, including three Grand Neals from the Jesse H. Neal National Business Journalism Awards and two Magazine of the Year awards from the National Society of Business Publication Editors. CIO websites and magazines appear in more than 25 countries, including Australia, Canada, China, France and Germany. CIO are produced by CXO Media a subsidiary of International Data Group (IDG), the world's leading technology media, research and event company.
About Old Dominion Freight Line
Old Dominion Freight Line Inc. (Nasdaq: ODFL) is a national less-than-truckload motor carrier providing one-to-five day service among six regions in the United States and next-day and second-day service within these regions. Through its four product groups, OD-Domestic, OD-Expedited, OD-Global and OD-Technology, the Company offers an array of innovative products and services that provide direct service to 48 states within the Southeast, Gulf Coast, Northeast, Midwest, Central and West regions of the country. In addition to domestic less-than-truckload services, the Company offers assembly and distribution services as well as container delivery services to and from all of North America, Central America, South America and the Far East. The Company also offers a broad range of expedited and logistical services for both its domestic and global markets, and for more than 75 years, Old Dominion has been helping the world keep promises.
SOURCE Old Dominion Freight Line Inc.